Are still 34 up from the lows we saw three months ago. Remember nasdaq closed at record high above 10,000. That milestone just yesterday. Fox Business Team coverage, blake burman with the latest from the president. Well kick it off with Lauren Simonetti on todays selloff. Lauren . Lauren melissa it spared almost no one today. Investors are still reacting to the federal reserves cautionary tone about the recovery yesterday, along with the cautionary tone from the pandemic itself as more states report more coronavirus cases. That is raising fears of that second wave of infections as the economy struggles to recover. Another 1 1 2 million americans filed for Unemployment Benefits last week. Number have fueled, received aid for two weeks stands at 21 million. Stocks that have outperformed as the country reopens are the ones getting hurt the most today, like travel shares. Look at some travel names. Many of them have doubled sentence their lows in midmarch. So they still have more selling p
This is one place you can always count on to give you what you had before and remind you of what your San Francisco history used to be. We hear that all the time, people bring their kids here and their grandparents brought them here and down the line. Even though people move away, whenever they come back to the city, they make it here. And they tell us that. Youre going to get something made fresh, made by hand and made with quality products and something thats very, very good. The legacy bars and restaurants was something that was begun by San Francisco simply to recognize and draw attention to the establishments. It really provides for San Franciscos unique character. And that morphed into a request that we work with the city to develop a legacy business registration. Im Michael Cirocco and the owner of an area bakery. The bakery started in 191. My grandfather came over from italy and opened it up then. It is a small operation. Its not big. So everything is kind of quality that way.
I have had many consultations with the community about what they want. As you have heard and i personally can attest to we need more green space assesssible when games are going on. At the moment we have none. Actually we have all of it but under normal circumstances we would have none. It has been great to take my kids to the park and we would like to see that project happen before my kid grows up. I have been working on it since they were 1yearold. I would also like to briefly speak in support of the square. We dont use that park, i know they have been working for a long time and it would be great to see them get dedicated funding, too. Thank you. Caller my name is dan byron. I work for the owners of Japan Center Mall. I am calling add adjacent to peace plaza. On behalf of the associates of Japan Center Mall we urge you to support 25 million for the japan town peace plaza in the bond measure. It has waited 20 years for space to be properly repaired and create an open space to reflect
Golf courses, acres and acres of land for the wealthy to sport while the poor are housed in tents and encampments. We need to change and we need this to be a real city solution. That means not concentrating it in one, two, three neighborhoods. That means around the city to all san franciscans that are committed to solving the problem and something they shrug off when they roll their eyes at San Francisco and how awful. No. Spread it around. Get it to places where people can spread out safely until we can build enough homes and actually get everyone off the streets for good. Thank you. Next speaker, please. Hello. My name is gail see crest. Resident of tenderloin. I was on eddy between larkin for 10 years. Now, i am on may son for the last year. All i have to say is whoever is working with this plan, it is not working, and i challenge just one of you to come spend one night in the tenderloin. Then go back to the drawing board. You dont know what you are talking about. It is so bad. It i
Today in the bay continues or, actually, starts right now. We go for so long sometimes i think we just continue. Thanks so much for joining us on this wednesday morning, im marcus washington. Mike is keeping an eye on the traffic for us this morning. But, kari, i was thinking maybe short sleeved suits could be a trend. It would be perfect for today. Just take off the jacket. Its going to be hot today. Were going to have hot weather as you head out. We have a mild start as we get a live look outside in dublin. The inland spots heating up quickly. Were in the upper 50s this morning reaching already the low 80s at noon and eventually well reach into the upper 90s in a few spots. But mostly some low to mid90s for much of the inner bay. The south bay as well as the north bay. Were going to talk more about this as we get a weekend cooldown. Mike, youve been watching the roads. Any issues for driving heading out . I had no issues but something popped up. Green all over the bay as we expect. T